Are you sure it was oil first? What color was it? If it was burnt oil it will be bluish. There are 2 reasons an engine can burn oil: Worn or frozen piston rings or worn/damaged valve guides. Sorry to say that means a farely expensive repair if you pay to get it done(especially if its the rings). But while your in there, why not beef it up a little. How bad is it?
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92 Mustang GT, 347 Stroker(Forged Steel Crank/Rods-Balanced, Forged Aluminum Dished Pistons), Trick Flow Track Heat Intake, Trick Flow Twisted Wedge Heads w/ Stage 3 port/polish, 80mm C&L MAF, FMS 30# Inj., BBK AFPR, Trick Flow Stage 2 Cam, Trick Flow 1.6R Rockers, BBK E.L. Headers, Flowmaster Cat-Back, MAC CAI, FMS Pulleys, Griffin Alum. Radiator, MSD Pro-Billet Distributor; AOD, Dynamic 3300 Lockup Converter, B & M Super Cooler, B&M Ratchet Shifter; 3:73 gears.
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